Plaid

OverviewSuggest Edit

Plaid is a financial technology company developing a digital platform that enables applications to connect with users’ bank accounts. The company builds the technical infrastructure APIs that connect consumers, traditional financial institutions, and developers, as well as provides access to financial data and analytics products.
TypePrivate
Founded2013
HQSan Francisco, CA, US
Websiteplaid.com
Employee Ratings4.5
Overall CultureB

Latest Updates

Employees (est.) (Aug 2022)1,222(+3%)
Job Openings80
Revenue (Y, 2020)$170 M(+14%)
Cybersecurity ratingCMore
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Key People/Management at Plaid

Zach Perret

Zach Perret

Co-Founder & CEO
Eric Sager

Eric Sager

COO
William Hockey

William Hockey

Co-Founder
Jean-Denis Greze

Jean-Denis Greze

CTO
Tom Daniels

Tom Daniels

CISO
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Plaid Office Locations

Plaid has offices in San Francisco, New York, Salt Lake City, Amsterdam and in 1 other location
San Francisco, CA, US (HQ)
PO Box 7775 #35278
Amsterdam, NL
Muiderstraat 1
London, GB
New Penderel House , 4th Floor 283 - 288 High Holborn
Show all (5)

Plaid Financials and Metrics

Summary Metrics

Founding Date

2013

Plaid total Funding

$730.1 m

Time since last funding

a year ago

Plaid investors

Plaid's latest valuation is reported to be $13.5 b.
View all funding rounds

Plaid Revenue

Plaid's revenue was reported to be $170 m in Y, 2020 which is a 13.3% increase from the previous period.
USD

Revenue (Y, 2020)

170.0m

Revenue growth (Y, 2019 - Y, 2020), %

13.3%

Market valuation

13.5b
USDY, 2019EY, 2020

Revenue

150.0m170.0m

Revenue growth, %

13%
USDY, 2019

Revenue/Employee

455.5k
Show all financial metrics

Plaid Operating Metrics

Plaid's Customers was reported to be 2.6 k in Jan, 2020.
Jan, 2020Nov, 2020Apr, 2021Jun, 2021Jul, 2021Oct, 2021Jan, 2022Feb, 2022May, 2022

Countries

77778888

Customers

2.6 k

Patents (US)

257789912

Trademarks

435353

Plaid Acquisitions / Subsidiaries

Company NameDateDeal Size
CognitoJanuary 20, 2022
FlannelJune 15, 2021
QuovoJanuary 08, 2019$200 m
Plaid, B.V.
Plaid Financial Ltd

Plaid Cybersecurity Score

Cybersecurity ratingPremium dataset

C

75/100

SecurityScorecard logo

Plaid Online and Social Media Presence

Embed Graph

Plaid Company Culture

  • Overall Culture

    B

    83/100

  • CEO Rating

    A+

    92/100

  • Compensation

    B

    79/100

Learn more on Comparably

Plaid News and Updates

RBC Inks Deals With Plaid And Yodlee to Help Jumpstart Open Banking In Canada

To speed adoption of open banking in Canada at a time when Canadians are craving digital services, RBC (Royal Bank of Canada) late Tuesday announced partnerships with open-banking platform provider Plaid Inc. and data-aggregation and analytics provider Yodlee Inc., a unit of Envestnet Inc. The deals…

Introducing Plaid's Industry Advisory Board

Plaid introduces its Industry Advisory Board to better understand the complexities of opportunities and challenges facing all industry participants

Mollie partners Plaid to boost onboarding for merchants

Dutch paytech Mollie has partnered with open banking fintech Plaid as it looks to streamline its onboarding process for merchants and make it “easier and faster” for its customers to start receiving payments and open online stores across Europe

Ushering in Fintech's Next Phase

Over the last year, I’ve spoken with many of our customers about the priorities and challenges they face. I’ve received invaluable feedback about where Plaid has helped, areas we can improve, and things we should build. Today at Plaid Forum, we’re unveiling new products and initiatives based on that…

Introducing Plaid Identity Verification and Monitor

We’re introducing Plaid Identity Verification (IDV) and Monitor - a complete verification, AML, and KYC compliance solution available in early access starting today. We’ve heard from many of you that having a frictionless identity verification experience is critical across a variety of use cases: fr…

Fintech Current Introduces Platform API, Teams Up with Plaid to Deliver Open Finance Solutions

Current, a U.S. financial technology platform serving Americans working to “create a better future” for themselves, recently announced the launch of its platform API, “built to facilitate seamless integrations and embedded banking experiences.”
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Plaid Blogs

Newsletter - December 2020

In this month’s newsletter, read about our latest product enhancements, upcoming events, and more. Product highlights Rolling out the all-new Plaid Link: On November 2, we began rolling out our latest version of Plaid Link. If you use the iOS SDK or React Native SDK on iOS, please ensure

Plaid and Jack Henry partner to enable Plaid Exchange for over 350 banks

A recent study by Capital One and the Decision Lab found that 77% of Americans experience anxiety due to their financial situation—an issue intensified by this year's pandemic and subsequent economic downturn. Consumers are increasingly turning to fintech to manage and improve their finances, which …

Plaid’s strategy to facilitate an API-based ecosystem

Reliable, secure access to consumer-permissioned data is the heartbeat of fintech. It’s what allows fintech services to help consumers save money, save time and reduce their financial stress. As a network that provides the financial account connections between consumers and fintech apps, we are cons…

How we Built Developer Efficiency at Plaid

For the longest time, Plaid was a company with just a few engineers primarily focusing on the product and execution. Everyone was working on the product to create as much of a direct customer impact as possible. As we grew to hundreds of engineers: teams depend on each other to

Plaid People: Nicole Butler

Nicole Butler joined our London office as the third UK/EU team member. Today the office is made up of nineteen Plaids (and counting!). In our latest Plaid People interview, Nicole discusses how an informal brainstorming session led her to Plaid and her approach to navigating the complex fintech regu…

Payroll data: The next frontier for fintech and open finance

Access to payroll data can unlock new applications and improve consumers’ financial lives. Learn more in our white paper.
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Plaid Frequently Asked Questions

  • When was Plaid founded?

    Plaid was founded in 2013.

  • Who are Plaid key executives?

    Plaid's key executives are Zach Perret, Eric Sager and William Hockey.

  • How many employees does Plaid have?

    Plaid has 1,222 employees.

  • What is Plaid revenue?

    Latest Plaid annual revenue is $170 m.

  • What is Plaid revenue per employee?

    Latest Plaid revenue per employee is $139.1 k.

  • Who are Plaid competitors?

    Competitors of Plaid include Galileo Financial Technologies, Akoya and Finicity.

  • Where is Plaid headquarters?

    Plaid headquarters is located at PO Box 7775 #35278, San Francisco.

  • Where are Plaid offices?

    Plaid has offices in San Francisco, New York, Salt Lake City, Amsterdam and in 1 other location.

  • How many offices does Plaid have?

    Plaid has 5 offices.